Last Sold Price
5 beds2,522 sqft$347/sqft
307 Red Cedar Way, Santa Rosa Beach, FL 32459

Description

Start creating memories in this beautiful beach cottage. Located on a large corner lot in Watercolor, this home features 5 bedrooms, and over 2000 square feet of outdoor living space. The open floor plan is great for entertaining. There are so many areas for you and your guests to enjoy, including the front porch with twin swings to the expansive screened back porch with space for lounging and dining. Also featured are two upstairs porches including a sleeping porch with 3 twin beds. The spacious...Start creating memories in this beautiful beach cottage. Located on a large corner lot in Watercolor, this home features 5 bedrooms, and over 2000 square feet of outdoor living space. The open floor plan is great for entertaining. There are so many areas for you and your guests to enjoy, including the front porch with twin swings to the expansive screened back porch with space for lounging and dining. Also featured are two upstairs porches including a sleeping porch with 3 twin beds. The spacious carriage house offers a large bedroom, living room, full kitchen and bath. A full two car garage and extra parking for 3 other cars. This home has been professionally decorated to create a warm and inviting retreat. Conveniently located near Camp Watercolor, Watercolor Tennis Center and Western Lake. All offers will be considered and may be subject to bank approval.
LISTING CLOSED: 10/20/2011 12:00 AM

  1. Listed by Ron Romano • Brokerage DRE #1017984 • The Beach Group Properties LLC
    P: (850) 231-9007 C: (850) 543-0647 ron@thebeachgroup.com
  2. Listed by Andy Wiggins • Brokerage DRE #1017984 • The Beach Group Properties LLC
    P: (850) 231-9007 C: (850) 225-8887 andy@thebeachgroup.com

Property Details for 307 Red Cedar Way

Status
MLS #
543378
Days on Market
313
Taxes
-
HOA Fees
$1,063 / quarter
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Detached Single Family
Year Built
2004
Lot Size
-
Zoning
Resid Single Family
Architectural Style
Florida Cottage
Subdivision Name
WATERCOLOR

Recent comparable sales

Median sold price

$1,680,000

Avg days on market

192

Sale-to-list ratio

88.4%

[Santa Rosa Beach, FL]

9 comparable properties found

a living room with furniture and kitchen view
1/42
1

$800,000

Sold 02/13/26

5
Bedrooms
2,604
Square Feet
0.18
Acres
$2,250,000 | 144 Hickory Street, Santa Rosa Beach, FL 32459
1/61
2

$2,250,000

Sold 07/07/26

5
Bedrooms
2,754
Square Feet
0.11
Acres
a view of a house with swimming pool and sitting area
1/55
3

$1,740,000

Sold 09/26/24

5
Bedrooms
2,823
Square Feet
0.25
Acres
a front view of a house with a yard
1/41
4

$1,550,000

Sold 11/04/24

5
Bedrooms
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Square Feet
0.16
Acres
$1,680,000 | 365 Cassine Garden Circle, Santa Rosa Beach, FL 32459
1/64
5

$1,680,000

Sold 04/22/26

5
Bedrooms
2,566
Square Feet
0.16
Acres
a front view of a house with a yard
1/46
6

$1,500,000

Sold 08/30/24

5
Bedrooms
2,498
Square Feet
0.18
Acres
front view of a house
1/59
7

$1,501,000

Sold 12/11/25

5
Bedrooms
2,810
Square Feet
Unavailable
Acres
a view of a house with swimming pool and furniture
1/75
8

$3,150,000

Sold 09/25/25

5
Bedrooms
2,800
Square Feet
0.25
Acres
$3,000,000 | 93 Needlerush Drive, Santa Rosa Beach, FL 32459
1/61
9

$3,000,000

Sold 06/25/26

5
Bedrooms
2,568
Square Feet
0.14
Acres

Location

Listing Courtesy of The Beach Group Properties LLC

Sold By Berkshire Hathaway HomeServices

Add your commute

Building Information for 307 Red Cedar Way

Stories2Year Built2004Building Size-Lot Size-

Payment Calculator

$6,295 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,448

Property Taxes

$1,493

HOA Dues

$354

The Payment Calculator is for illustrative purposes only.

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Property Information for 307 Red Cedar Way

Summary
Location and General Information
  • Community Features: Beach, Dock, Fishing, Pavillion/Gazebo, Playground, Pool, Tennis, TV Cable, Waterfront
  • Directions: Hwy 98 to 395 South to W.Lake Forest. Turn right onto W. Lake Forest into Watercolor. At the dead end, turn left onto Western Lake Dr. to Red Cedar Way. Home is on the corner of Red Cedar and Western
  • Road Frontage Type: County Road
  • MLS Area Minor: 1802 - S. of 98 W of Camp Creek
  • MLS Area Major: 18 - 30A East
  • Location Tax and Legal:Sub Area: 1802 - S. of 98 W of Camp Creek
  • Location Tax and Legal:Elementary School: Bay
  • Location Tax and Legal:Middle School: Bay
  • Location Tax and Legal:High School: South Walton
  • Location Tax and Legal:Legal Description: Lot 52 Eastern Cove at Watercolor
  • Project Facilities: Beach, Dock2, Fishing, PavillionGazebo2, Playground, Pool2, Tennis, TV Cable3, Waterfront
Taxes and HOA
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Cable TV, Trash
  • Association Fee2: $1,063
  • Tax Legal Description: Lot 52 Eastern Cove at Watercolor
  • Parcel Number: 15-3S-19-25415-000-0520
  • Association Fee: $0
  • Association YN: Yes
School Information
  • Elementary School: Bay
  • Middle Or Junior School: Bay
  • High School: South Walton
Parking
  • Garage Spaces: 2.0
  • General Property Info:Driveway Spaces: 2.0
  • General Property Info:Street Spaces: 2.0
Property
Lot Information
  • Lot Size Dimensions: TBD
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Building Area Total: 2522.0
  • Lot Size Square Feet: 0.0
  • LotParcel Access: County Road, Paved Road
Property and Assessments
  • Road Surface Type: Paved
  • Floor Plans Count: 0.0
  • Property Type: Residential
  • Year Built: 2004.0
  • Property Sub Type: Detached Single Family
  • New Construction YN: No
  • General Property Info:Sub-Type: Detached Single Family
  • General Property Info:Design: Florida Cottage
  • Listing Info Tax Legal:Homestead: false
  • Construction Status: Construction Complete
  • Construction Siding: Foundation On Piling, Roof Metal, Trim Wood
  • Occupancy Status: Vacation Rental
Utilities
  • Utilities: Electric, Public Sewer, Public Water, Tap Fee Paid, TV Cable
  • Electric: True
  • Utilities: Electric, Public Sewer, Public Water, Tap Fee Paid, TV Cable
  • Energy: AC - Central Elect, Water Heater - Elect
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony, Porch, Porch Open
  • Construction Materials: Foundation On Piling, Roof Metal, Trim Wood
  • Stories: 2.0
  • General Property Info:Unit Floors Above Ground: 0.0
  • Exterior: Balcony, Porch, Porch Open
Interior Features
  • Cooling: Central Air
  • Interior Features: Breakfast Bar, Floor Hardwood, Floor Tile, Woodwork Painted
  • Room Type: Master Bedroom, Master Bathroom, Bedroom, Full Bathroom, Living Room, Laundry, Dining Room
  • Rooms Total: 9.0
  • Bathrooms Total Integer: 4.0
  • Bathrooms Total Decimal: 4.0
  • Bathrooms Total Notational: 4.0
  • Cooling YN: Yes
  • Bedrooms Total: 5.0
  • Bathrooms Full: 4.0
  • Interior: Breakfast Bar, Floor Hardwood, Floor Tile, Woodwork Painted
  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator WIceMk, StoveOven Electric
Room Information
Room 1
  • Room Type: Master Bedroom
  • Room Level: First
  • Room Length: 18.7
  • Room Width: 14.6
  • Room Dimensions: 18.7 x 14.6
Room 2
  • Room Type: Master Bathroom
  • Room Level: First
  • Room Length: 11.1
  • Room Width: 7.11
  • Room Dimensions: 11.1 x 7.11
Room 3
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 13.0
  • Room Width: 12.0
  • Room Dimensions: 13 x 12
Room 4
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 14.0
  • Room Width: 12.1
  • Room Dimensions: 14 x 12.1
Room 5
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 16.5
  • Room Width: 11.7
  • Room Dimensions: 16.5 x 11.7
Room 6
  • Room Type: Full Bathroom
  • Room Level: Second
  • Room Length: 8.0
  • Room Width: 5.1
  • Room Dimensions: 8 x 5.1
Room 7
  • Room Type: Living Room
  • Room Level: First
  • Room Length: 18.7
  • Room Dimensions: 18.7 x 14.1
Room 8
  • Room Type: Laundry
  • Room Level: First
  • Room Length: 8.0
  • Room Width: 4.11
  • Room Dimensions: 8 x 4.11
Room 9
  • Room Type: Dining Room
  • Room Level: First
  • Room Length: 24.1
  • Room Width: 11.7
  • Room Description: Dining/Kitchen Combo
  • Room Dimensions: 24.1 x 11.7
Rental
Rent Information
  • General Property Info:Immediate Occupancy: true
  • Listing Info Tax Legal:Is Subject Leased: false

Property History for 307 Red Cedar Way

DateEvent & SourcePriceAppreciation
Oct 21, 2011

Sold (Public Record)

Public Record #318920324

$875,000
Oct 20, 2011

Sold

ECAR #543378

$875,000
Jun 10, 2011

Pending

ECAR #543378

DateEvent & SourcePrice
10/21/2011

Sold (Public Record)

Public Record #318920324

$875,000
10/20/2011

Sold

ECAR #543378

$875,000
06/10/2011

Pending

ECAR #543378

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 307 Red Cedar Way

Taxable ValueLand$582,511Additions$1,605,410Total$2,187,921
Tax Record2024$17,917 ($1,493 / month)
Home Facts
Beds5Total Finished SqFt2,522 SqFtAbove Grade Finished SqFt2,522 SqFtStories2Lot Size7,536 SqFtStyleSingle Family ResidenceYear Built2004CountyWALTONAPN15-3S-19-25415-000-0520

Schools near 307 Red Cedar Way

This home is within Walton.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Dune Lakes Elementary School
PublicK to 5

Emerald Coast Middle School
Public6 to 8

South Walton High School
Public9 to 12

WALTON VIRTUAL SCHOOL WCSD-7023
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of The Beach Group Properties LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.